Mn Solar Panel Rebates

Solar rewards is available to xcel customers on a first come first served basis.

Mn solar panel rebates. All of the financial benefits listed below go to the owner of the solar panel system. Solar power rebates are incentives federal or state governments offer to reduce the cost of going solar. Systems are limited to 40 kw in compliance with minnesota s net metering policy. When you install solar panels on your home in minnesota you don t have to pay any sales tax on your solar purchase.

Increased allocation to 530 000 for 2017 and approved through 2019. Solar rewards is your opportunity to have solar for your home or business. Awards are made on a first come first served basis. Minnesota power offers solar incentives to qualified customers through its solarsense program.

Rebates require paperwork to be filed. If you buy your system in cash or with a solar loan that means you also get the tax credits rebates and srecs for the system however if you lease your system the third party owner will receive all of the solar incentives. Base incentive is 0 94 kwh for 2017 and is first come first served. The current incentive is 83 per kilowatt hour kwh and with an average 5 kw system pumping out about 6 200 kwh you can expect around 5 150 back as a rebate.

Minnesota power offers a solar rebate program based on your first year estimated production. Net metering in minnesota. Minnesota power provides solar rebates to qualified customers residential and commercial through its solarsense program and began taking applications on jan. Here s our top 3 list for minnesota s solar incentives.

Like made in minnesota the solar rewards program provides recipients with 10 years of annual incentive payments based on the solar energy system s annual production. It s an incentivized program so monthly payments are made to the owner of the solar system in exchange for renewable energy credits recs for the energy produced by the solar system. You will receive your solarsense rebate check from minnesota power within 3 6 weeks after your meter has been exchanged and the solar system is connected. Minnesota power solarsense solar rebate program.

If you have any questions about the solarsense application or interconnection process please contact minnesota power s renewable programs at 218 355 3720. Considering that state sales tax is nearly 7 percent the sales tax exemption means major solar savings. Solar rewards you can go green with a bonus. Brainerd public utilities offers a rebate program for customers that install solar photovoltaic systems.

Rebates are 0 50 per watt up to 2 500.